Leverage: How it Could WRECK Crypto Markets!!! (Ep 235)
Coin Bureau
00:00
The Biggest Crypto Crash of the Past Two Years
In the space of less than three days, bit coin fell by over 50 %. This surprised many people as bit coin was meant to act as a safe haven asset which could withstand these black swan events. In a post mortem study of the crash last year, the folks over at coin metrix looked at what they termed the bitmex liquidation spiral. Over one point one billion in contracts were liquidated.
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